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China has achieved great progress in various industries of new economy. China is the world's largest new energy vehicle production country and new energy vehicle market. According to the report, in 2018 China produced more than 35 percent of the world's new energy automobiles, and China's new energy vehicle market accounted for 54.6 percent of the total global market.

China exported 70.6 billion face masks, 340 million items of protective clothing, 96,700 ventilators, 225 million testing kits and 40.29 million infrared thermometers to over 200 countries and regions from March 1 to May 31, according to a white paper on the nation's battle against COVID-19 released on Sunday.

China has been dissolving excess capacity in coal and steel production, in part due to its air pollution control efforts. The production cut is expected to improve air quality in Hebei and neighboring Beijing and Tianjin municipalities.

China has achieved major progress during the 13th Five-Year Plan (2016-2020) in qualified development of its ports, having embarked on building world-leading ports with green and intelligent features. This is of significant importance to unblock seaborne trade and global logistics, said Chen Ying from the Port Administrative Office of the Transport Ministry.

China has become the biggest trading partner and overseas investment market of the ROK, while the ROK is the fourth biggest trading partner for China, according to Ning Jizhe, deputy director of the National Development and Reform Commission.